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San Sebastian Group
In this Group: Amalia, Ida, Celia, María, Alba, Silvia, Adolfina, Mirian, Yolanda, Patricia, Carmen, Leticia, Benefrida, Celina*
* not pictured
The communal bank "San Sebastián" was formed by the union of a number of neighbors from the city of Santaní. All the members of the group are developing independent businesses.

Señora Adolfina makes cheese that she later goes out to sell in her community. She has very good customers, since she always makes products that are very good and that are ordered by many of her customers. She has great success due to the fact that she is very good at what she does and the customers like her a lot. She is applying for this loan to purchase supplies to continue making her cheeses and thus continue obtaining the means to continue helping her family.
View original language description ↓
El comité ´´San Sebastián” se formó con la unión de varias vecinas de la ciudad de Santaní. Todas las integrantes del comité desarrollan actividades independientes. La Sra. Adolfina se dedica a la producción de queso que luego sale a vender en su comunidad, tiene muy buena clientela ya que siempre da productos muy buenos, y que son pedidos por muchos de sus clientes. tiene gran éxito debido a que es una persona muy buena en lo que hace y que gusta mucho a los clientes.
Solicita de este crédito para la compra de insumos para seguir haciendo sus quesos y así seguir obteniendo los medios para seguir ayudando a su familia.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Paraguay

  • $4,555
    Average annual income
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,169.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Sebastian Group's $2,325 loan helped a member to buy supplies to make cheese.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 19, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013